Canadian Stocks/East Rim Nickel Mines, Ltd.
I am working on an estate administration in which the decedent owned 100 shares of stock in East Rim Nickel Mines, Ltd. I have not been able to find any information about this company. Would you be able to let me know whether the shares have any value and if so provide information about how the executor might go about liquidating the shares? Thanks very much.
Nora, from the information I have available, the Company had a 1 for 2 reverse split and became Nickel Rim Mines, which was suspended and delisted in 1991 and cease-traded in 1992. That cease-trade order remains in effect. Therefore, there is no current value.